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Bearish reversal seen for GBP/USD pair

Published Mon, Feb 22, 2021 · 05:50 AM

IN MARCH 2020, the GBP/USD staged a sharp descend of over 1,642 pips in a short span of less than 10 days. After the pair bottomed out at 1.14834 on March 19, 2020, a bullish reversal took place and since then, it has been on an uptrend.

Looking at the daily chart, t…

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